UC Resources Ltd.: Shares for Debt
12 February 2011 - 10:03AM
Marketwired Canada
UC Resources Ltd. (TSX VENTURE:UC) -
The Company wishes to announce it has agreed to issue a total of 278,737 shares
for debt, at a price of $0.095 per share, to extinguish a debt in the amount of
$26,480. Trading in the shares issued for the debt will be subject to a four
month and a day hold period from the date of distribution.
The issuance of shares for debt is subject to TSX Venture Exchange approval.
On behalf of the Board of Directors,
Jim Voisin, President & CEO
UC Resources Ltd.
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